What procedures can the Fed use to control the federalfunds rate? Why does control of this interest rate implythat the Fed will lose control of nonborrowed reserves?
What procedures can the Fed use to control the federalfunds rate? Why does control of this interest rate implythat the Fed will lose control of nonborrowed reserves?
Chapter13: The Federal Reserve System
Section: Chapter Questions
Problem 11QP
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What procedures can the Fed use to control the federal
funds rate? Why does control of this interest rate imply
that the Fed will lose control of nonborrowed reserves?
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